Ownership

Backed by strong, purposeful partners.

Obsidian Health is majority-owned by Brimstone Investment Corporation Limited, one of South Africa’s leading black-controlled and managed investment companies.

Our shareholders

An ownership structure built for long-term growth.

Management co-ownership aligns leadership with the performance of the business, while Brimstone’s backing provides capital strength, governance expertise and transformation credibility.

Principal Shareholder — Majority

Brimstone Investment Corporation Limited

JSE-listed investment holding company · Cape Town, South Africa

Brimstone Investment Corporation Limited is a black-controlled and managed investment company, incorporated and domiciled in the Republic of South Africa. Listed on the JSE, Brimstone has built a track record of investing in and growing businesses across multiple sectors of the South African economy.

The group employs approximately 3,400 people across its subsidiaries, and in excess of 24,000 in its associate companies — making it one of the most significant black-managed investment platforms in the country. Brimstone’s long-term approach to investment means Obsidian Health benefits from a patient, experienced shareholder aligned with sustained business growth.

Brimstone’s involvement brings with it strong B-BBEE credentials, sound governance frameworks, and a deep network across South African business — all of which support Obsidian Health’s ability to operate in both the private and public healthcare sectors.

Employees across Brimstone subsidiaries
0 +
Employees across associate companies
0
Listed on the Johannesburg Stock Exchange
JSE
Co-Shareholder — Minority

The Management Team

Obsidian Health senior leadership

Obsidian Health’s senior management team hold a meaningful equity stake in the business. This co-ownership structure ensures that leadership is directly aligned with the long-term performance of the company and the interests of both clients and principal partners.

Management ownership is a deliberate structural choice — creating a team that thinks and acts like owners, not just executives. This alignment has been central to building the culture of accountability and clinical focus that defines Obsidian Health.

For investor relations or shareholder enquiries relating to Brimstone Investment
Corporation Limited, please visit our contact page here brimstone.co.za.